The wider 51-scrip Nifty of the National Stock Exchange (NSE) surged by 112.90 points or 1.31 per cent to 8,724.05 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,997.29 points, traded at 28,195.45 points (at 2.15 p.m.) — up 329.49 points or 1.18 per cent from the previous close at 27,865.96 points.

The Sensex has so far touched a high of 28,229.98 points and a low of 27,919.89 points during the intra-day trade.

The BSE market breadth was skewed in favour of the bulls — with 2,127 advances and 619 declines.